Post
Topic
Board Speculation (Altcoins)
Re: Sell bounty token at a loss?
by
Zamoh
on 16/05/2019, 19:58:58 UTC
Yes. Especially when the market is down and the campaign just ended. I just keep on selling because if the market is red, there is a high chance that your coin will also keep on falling just like the market itself. And it will only make your token less profitable. I think if you really need money having $500 in your pocket from bounties is already good.
When you really need money, even $ 5 will not be superfluous. I can say this from my own experience, in which case every cent is vital.

Everything we are talking about here is very relative. Yes, at the time of sale, the price of the token may be lower than the one for which the token sale was carried out.  But if you sell token below this price and buy another promising coin, on which you can really earn money then the situation doesn't look so sad anymore.  This I mean, you need to be dynamic and respond quickly. If you see an opportunity to earn money, then consider how to turn the situation around for your own benefit.
So simple but good advice. I think every newbie, and I among other things, should write out this phrase in front of the workplace, in order to keep calm and sober thinking. It will save from a lot of mistakes